$FET This 15m has something, the price is up 1.46%—not violent. But the OI is also rising; in 1 hour the nominal is already +5%. It doesn’t look like that kind of short covering pump—more like new leveraged longs are quietly entering.

Volume is 2.65x the norm, Volatility Z is 2.94. Across the whole pool, the abnormal percentile is 99.8%, ranking at #3. Active trading is off by 31.9%, buy/sell ratio is 1.94, and active buy orders are clearly dominant. The upper edge of the 20-candle 5m range was directly eaten.

It’s close to historical extreme bands, and yet multiple consecutive cycles keep extending. The order-book checks out thoroughly—everything confirms. I’m not too comfortable shorting this structure, but I’m also not in a hurry to chase. First, see whether this newly added leverage can hold its ground, and don’t let it turn into another wave that gets swept and then leaves.